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In 2014, over 150 Senior Executives at State-owned Enterprises Faced Corruption Charges

According to Legal Daily, from January 1 to December 15, 2014, a total of over 150 senior executives from State-owned Enterprises (SOEs) have been investigated for or charged with conducting criminal activities. This represents a sharp increase compared to less than 100 in previous years. 

January and February of 2014 each saw two fallen executives, the lowest number for the year. The numbers in June, August, and September hit the peak at 22, 39, and 22 respectively. The hardest hit were those SOEs that the central government owns, such as China Resources Group and Sinopec. The energy and financial sectors each had a total of 11 senior executives under investigation, including Postal Savings Bank of China, Beijing Rural Commercial Bank, the Bank of Inner Mongolia, and China Guangfa Bank. According to a state survey, 90 percent of the officials who fled overseas are from State-owned companies or financial companies. 
Source: Legal Daily reprinted by Xinhua, December 20, 2014